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Ramaphosa’s Latest Call For the IMF to Issue New Funds Likely to Become Snared in U.S.-China Dispute
Speaking in both his capacity as the outgoing chair of the African Union and the President of South Africa, Cyril Ramaphosa renewed his calls for urgent action by the International Monetary Fund to provide funds to developing countries by issuing new Special Drawing Rights (SDRs). .memberful-global-teaser-content p:last-child{ …
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Debunking the U.S.-Led “Chinese Debt Trap” Narrative… AgainAcclaimed China-Africa scholar Deborah Bräutigam together with Harvard Business School professor Meg Rithmire published a detailed takedown in The Atlantic magazine of the U.S.-led “debt trap” narrative that remains a bedrock belief among large swathes of official Washington. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, …
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Why Was Xiaomei Havard Appointed as a Replacement MP in South Africa Given That She Has No Political Experience?Although the overt racist and xenophobic reactions following last month’s appointment by South Africa’s ruling African National Congress of Xiaomei Havard as a replacement member of parliament have largely died down, many party members are now wondering how someone with no previous political experience or …
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Paul Kagame: “I Don’t Think China Has Forced Any Country in Africa To Take Their Money”President Paul Kagame joined former U.S. National Security Advisor for what has become a trademark for the Rwandan leader to be brutally frank with U.S. and European interlocutors about sensitive political issues in Africa, including China’s presence on the continent. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 …
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Senator Ted Cruz Delays Confirmation Vote on U.N. Ambassador Nominee Linda Thomas-Greenfield Over Her China-Africa SpeechTexas Senator Ted Cruz threw a wrench into Linda Thomas-Greenfield’s confirmation process to become the next U.S. ambassador to the United Nations. Cruz called for a one-week delay of the vote on her confirmation and while that doesn’t sound like much, it …
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Rival Factions in Washington Square Up For a New Fight Over IMF Special Drawing RightsEarly on in the COVID-19-induced financial crisis in Africa, finance ministers and other senior-level stakeholders across the continent called on the IMF to issue new so-called Special Drawing Rights (SDRs) that would provide desperately-needed liquidity into their economies. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 …
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China Donates 10 Million Doses of COVID-19 Vaccine to the Global Covax AllianceChina took a big step on Wednesday to expand its global vaccine donation drive with a sizable contribution to the global vaccine alliance known as Covax. The Foreign Ministry said on Wednesday that Beijing would provide the alliance with 10 million doses from three of …
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South Africa Received Its First Vaccine Shipment This Week But Critics Are Blasting the President For Not Buying Chinese and Russian JabsSouth African President Cyril Ramaphosa personally went to Johannesburg OR Tambo International Airport late Monday night to witness the off-loading of 1 million COVID-19 AstraZeneca vaccines that arrived from the Serum Institute of India (SII). .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 0%, …
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Zimbabwe To Get Chinese C19 Vaccines, Says Ambassador. When? Well, That’s TBD.Chinese Foreign Ministry Spokesman Wang Wenbin’s inclusion of Zimbabwe in a list of 14 developing countries that would have early access to Chinese COVID-19 vaccines was reaffirmed by Beijing’s envoy to Harare on Tuesday. Not surprisingly, the announcement caused quite a bit of …
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China and the Africa Continental Free Trade Area: What Role For Beijing?The January launch of the AfCFTA has prompted considerable reflection in both China and Africa as to what role Beijing can play in this new free trade era and whether China’s role will be harmful or helpful. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: …